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reid's nevada constituents think about the job he's doing. >>> also, could our debt mean the death of the dollar bill? i don't mean the value of the dollar. i mean the actual dollar bill. it may be on the endangered species list. stay with us. back in a moment. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> welcome back. chevron ceo john watson telling me exclusively today that the second largest u.s. energy company is moving forward on investments despite fiscal cliff concerns. we begin on our conversation, zeroing in on lawmakers' efforts in washington and whether he thinks they can work out a deal. >> i hope we can. there's greatty in the business community waiting for something to be done. there are big concerns abou
of bad mortgage debt. here in arizona, a full 50% of houses are underwater, and next door in nevada, it's even worse. 65% of houses there are drowning, and the water's rising. and it's not just the southwest. more than 11 million homeowners across the country are underwater. it's estimated that number could double in the next year, which means nearly half of all american mortgage holders will owe more on their homes than those homes are currently worth. >> we've been through an event that none of us have ever experienced in this country since the depression. >> to try to stem the tide of foreclosures, the commissioner of the federal housing administration, david stevens, says the obama administration has set aside billions to give banks the incentive to help struggling and underwater borrowers with their mortgages. but banks have been slow to modify the terms of those loans. >> the fact of the matter is, these programs are designed to affect those who are most at risk, who are unable to make their payments, and it does require the investor, the servicer, to participate. >> the decision
ohio, wisconsin, nevada, that mitt romney cannot get to 270 electoral votes without taking a very, very unlikely state away. so this is a very important place, just as ohio is important to president obama, and the closing argument that mitt romney is making is the one that has been his go-to for the entire year, which is look at the record, look at what barack obama said he was going to do, look at what he's done while the president is trying to make a recovery case, we're on the right track, the mitt romney argument is we haven't gotten where we need to go and he's going to be making that all weekend. >> people on the floor trying to look at the effect of the storm and the recovery on tuesday. is it possible that because in the northeast states that are normally blue, have lower turnout, the president actually does win on the electoral vote but the governor wins on the popular vote? >> reporter: that is possible. it's very -- you have to say it's very unlikely by looking at history at how few times that's happened. but we have an extremely close popular vote race to judge by the nation
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